As major central banks continue to raise interest rates in 2022 and the first half of 2023, deposit interest rates in many mature markets have become more attractive. Hawkish moves by major mature market central banks also pushed bond yields higher. While short-term investments such as term deposits and short-term funds do have their benefits in a portfolio, global investment grade corporate bonds may be preferable for the following reasons: Long-term growth potential: Yields are currently at ten-year highs, and policy rates in mature markets have reached or are close to peaking, opening up good entry opportunities for investing in global investment-grade corporate bonds. If the global economy remains solid, global investment-grade corporate bonds may generate higher income than U.S. dollar time deposits. Even if policy rates fall, investors may still benefit from price appreciation in addition to coupons, as yields fall as policy rates fall, potentially offsetting ...
The bank rankings are compiled using balance sheet information from the LexisNexis® Bankers Almanac® Counterparty KYC , a query tool that helps KYC due diligence analysts identify counterparties from nearly 200,000 financial institutions and instantly access the comprehensive KYC information needed to conduct risk assessments.
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The bank ranking data is as of January 30, 2023.
| Current ranking | Last ranking | bank | Assets USD (million) | + or - (local currency) | Capital USD (million) | Balance sheet date |
| 1 | 1 | Industrial & Commercial Bank of China Limited | 5,518,390.00 | +8.02% | 111,515.00 | 31.12.2021 |
| 2 | 2 | China Construction Bank Corporation | 4,746,849.00 | +10.14% | 39,227.00 | 31.12.2021 |
| 3 | 3 | Agricultural Bank of China Limited | 4,560,950.00 | +9.43% | 67,448.00 | 31.12.2021 |
| 4 | 4 | Bank of China Limited | 4,192,746.00 | +12.15% | 46,189.00 | 31.12.2021 |
| 5 | 6 | JPMorgan Chase Bank National Association | 3,306,982.00 | +9.31% | 2,028.00 | 31.12.2021 |
| 6 | 5 | BNP Paribas SA | 2,982,191.00 | -2.41% | 29,825.00 | 31.12.2021 |
| 7 | 7 | China Development Bank | 2,693,650.00 | +2.80% | 66,094.00 | 31.12.2021 |
| 8 | 10 | Bank of America National Association | 2,519,525.00 | +11.54% | 3,020.00 | 31.12.2021 |
| 9 | 9 | MUFG Bank Ltd. | 2,359,275.00 | +0.00% | 15,536.00 | 31.03.2021 |
| 10 | 8 | Credit Agricole SA | 2,347,717.00 | -2.51% | 9,905.00 | 31.12.2021 |
| 11 | 11 | Sumitomo Mitsui Banking Corporation | 2,069,704.00 | +0.00% | 16,072.00 | 31.03.2021 |
| 12 | 18 | Postal Savings Bank of China Co Ltd | 1,975,037.00 | +13.55% | 22,006.00 | 31.12.2021 |
| 13 | 12 | JAPAN POST BANK Co Ltd | 1,910,227.00 | -5.98% | 28,700.00 | 31.03.2022 |
| 14 | 20 | Bank of Communications Co Ltd | 1,830,357.00 | +11.68% | 11,652.00 | 31.12.2021 |
| 15 | 13 | Banco Santander SA | 1,806,485.00 | -2.46% | 9,814.00 | 31.12.2021 |
| 16 | 17 | Wells Fargo Bank National Association | 1,779,504.00 | +0.66% | 519.00 | 31.12.2021 |
| 17 | 16 | BPCE | 1,716,136.00 | -3.37% | 31,968.00 | 31.12.2021 |
| 18 | 14 | Mizuho Bank Ltd | 1,714,129.00 | -5.03% | 11,513.00 | 31.03.2022 |
| 19 | 19 | Citibank NA | 1,669,227.00 | +0.46% | 2,851.00 | 31.12.2021 |
| 20 | 15 | General Society | 1,657,756.00 | -6.54% | 1,208.00 | 31.12.2021 |
| 21 | 21 | Deutsche Bank AG | 1,498,760.00 | -7.91% | 5,989.00 | 31.12.2021 |
| 22 | 24 | China Merchants Bank Co Ltd | 1,451,171.00 | +13.29% | 3,957.00 | 31.12.2021 |
| 23 | 22 | Barclays Bank PLC | 1,432,339.00 | -0.40% | 3,167.00 | 31.12.2021 |
| 24 | 23 | The Toronto- Dominion Bank | 1,408,808.00 | +0.81% | 26,167.00 | 31.10.2022 |
| 25 | 26 | Royal Bank of Canada | 1,379,392.00 | +13.09% | 19,676.00 | 31.10.2021 |
| 26 | 29 | Industrial Bank Co Ltd | 1,349,814.00 | +11.61% | 12,021.00 | 31.12.2021 |
| 27 | 27 | Shanghai Pudong Development Bank | 1,276,657.00 | +4.82% | 4,605.00 | 31.12.2021 |
| 28 | 28 | The Hongkong and Shanghai Banking Corporation Limited | 1,269,615.00 | +4.52% | 22,093.00 | 31.12.2021 |
| 29 | 31 | China Citic Bank Corporation Limited CNCB | 1,261,928.00 | +9.67% | 7,678.00 | 31.12.2021 |
| 30 | 25 | Intesa Sanpaolo S.p.A. | 1,210,111.00 | -1.71% | 11,415.00 | 31.12.2021 |
| 31 | 34 | The Agricultural Development Bank of China | 1,142,906.00 | +0.00% | 20,376.00 | 31.12.2020 |
| 32 | 35 | UBS AG | 1,116,145.00 | -0.82% | 338.00 | 31.12.2021 |
| 33 | 33 | China Minsheng Banking Corporation Limited | 1,090,892.00 | +2.45% | 6,869.00 | 31.12.2021 |
| 34 | 30 | ING Bank NV | 1,076,891.00 | -6.45% | 594.00 | 31.12.2021 |
| 35 | 32 | UniCredit SpA | 1,037,672.00 | -9.28% | 23,923.00 | 31.12.2021 |
| 36 | 40 | The Bank of Nova Scotia | 991,417.00 | +3.51% | 19,677.00 | 31.10.2022 |
| 37 | 41 | China Everbright Bank Co Ltd | 926,035.00 | +12.60% | 8,478.00 | 31.12.2021 |
| 38 | 110 | The Postal Bank | 874,255.00 | -3.42% | 7,454.00 | 31.12.2021 |
| 39 | 36 | The Norinchukin Bank | 870,334.00 | -10.91% | 33,130.00 | 31.03.2022 |
| 40 | 56 | The Export-Import Bank of China | 854,569.00 | +10.59% | 23,535.00 | 31.12.2021 |
| 41 | 42 | Commonwealth Bank of Australia | 837,071.00 | +1.77% | 25,118.00 | 30.06.2022 |
| 42 | 50 | Bank of Montreal | 836,970.00 | +4.77% | 17,671.00 | 31.10.2022 |
| 43 | 38 | Credit Suisse AG | 829,062.00 | -10.99% | 4,805.00 | 31.12.2021 |
| 44 | 44 | Standard Chartered Bank | 827,818.00 | +4.91% | 1,539.00 | 31.12.2021 |
| 45 | 43 | Lloyds Bank Plc | 813,243.00 | -0.11% | 2,123.00 | 31.12.2021 |
| 46 | 37 | HSBC Bank plc | 804,828.00 | -12.93% | 1,075.00 | 31.12.2021 |
| 47 | 51 | Ping An Bank Co Ltd | 772,165.00 | +12.79% | 3,045.00 | 31.12.2021 |
| 48 | 63 | CaixaBank S.A. | 769,801.00 | +38.84% | 9,125.00 | 31.12.2021 |
| 49 | 39 | Banco Bilbao Vizcaya Argentaria SA | 750,386.00 | -16.73% | 3,698.00 | 31.12.2021 |
| 50 | 46 | Federative Bank of Mutual Credit | 750,367.00 | -2.58% | 1,912.00 | 31.12.2021 |
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